Killi has just acquired the Lodestone Iron Ore Project in WA.
Lodestone hosts the most valuable iron ore in Australia. Unlike virtually all the other iron ore mined in WA, Killi’s unique ore is ideal for supplying the new generation of electric arc steel mills.
This unique characteristic, combined with the very low impurities, means Killi will get a big price premium for its niche product.
As well as the high price, Killi’s costs will benefit from the plentiful supply of electricity and its easy access to the existing railway line, which goes straight to the Geraldton port.